Category «Economy»

EBRI: Current U.S. Retirement Savings Deficit is $4.13 Trillion

“With the U.S. Senate Special Commi ttee on Aging holding a hearing [March 12] on “Bridging the Gap: How Prepared are Americans for Retirement ?” the nonpartisan Employee Benefit Research Institute (EBRI) is re-posting recent findings that the aggregate national retirement savings deficit is about $4.13 trillion for all U.S. households where the head of …

Subjects: Economy, Financial System

Private industry employers spend $31.32 per hr for employee compensation in December 2014

BLS Employer Costs for Employee Compensation news release, March 11, 2015: “Private industry employers spent an average of $31.32 per hour worked for total employee compensation in December 2014, the U.S. Bureau of Labor Statistics reported today. Wages and salaries averaged $21.72 per hour worked and accounted for 69.4 percent of these costs, while benefits …

Subjects: Economy, Health Care

Strategic Management Guidance and Insider Trading Activities

Billings, Bruce K. and Buslepp, William L., Strategic Management Guidance and Insider Trading Activities (March 12, 2015). Journal of Accounting and Public Policy, Forthcoming. Available for download at SSRN: http://ssrn.com/abstract=2577600 “We assess whether managers engage in ex ante strategic behavior when issuing earnings forecasts in a novel context. We posit that some managers provide inaccurate …

Subjects: Economy, Legal Research

Report – The Importance of Data Occupations in the Economy

Dept. of Commerce, Economics and Statistics Administration Report – “The growing importance of data in the economy is hard to dispute. But what does this mean for workers and jobs? A lot, as it turns out: higher paying (over $40/hour), faster growing jobs. In this report we identify occupations where data analysis and processing are …

Subjects: Economy, Government Documents, Internet, Knowledge Management

2014 General Social Survey includes data on wealth, social identity, civic participation

“Since 1972, the General Social Survey (GSS) has been monitoring societal change and studying the growing complexity of American society. The GSS aims to gather data on contemporary American society in order to monitor and explain trends and constants in attitudes, behaviors, and attributes; to examine the structure and functioning of society in general as …

Subjects: Civil Liberties, Climate Change, Economy, Financial System, Free Speech

2013 Information and Communication Technology Survey

Census – “The Information and Communication Technology Survey provides data on both noncapitalized and capitalized spending for information and communication technology equipment and computer software by U.S. nonfarm businesses with employees. It covers all domestic, private and nonfarm businesses, including agricultural nonfarm (NAICS subsectors 113, 114 and 115) businesses.”

Subjects: Economy, Government Documents, Internet

An Analysis of the President’s 2016 Budget

‘This report by CBO presents an analysis of the proposals in the President’s budget request for fiscal year 2016. The analysis is based on CBO’s economic projections and estimating models (rather than on the Administration’s), and it incorporates estimates of the effects of the President’s tax proposals that were prepared by the staff of the …

Subjects: Economy, Financial System, Government Documents

New GAO Reports – Defense Acquisitions, Egypt

Defense Acquisitions: Assessments of Selected Weapon Program, GAO-15-342SP: Published: Mar 12, 2015. Publicly Released: Mar 12, 2015: “Over the past year, the overall size of DOD’s major defense acquisition program portfolio decreased, from 80 programs to 78, while the estimated cost has decreased by $7.6 billion. The size and cost of the portfolio is currently …

Subjects: Defense, Economy, Government Documents

Federal Contracts and the Contracted Workforce

“The Congressional Budget Office has performed a brief analysis of federal contracts in an attempt to ascertain the size and cost of the federal government’s contracted workforce. Regrettably, CBO is unaware of any comprehensive information about the size of the federal government’s contracted workforce. However, using a database of federal contracts, CBO determined that federal …

Subjects: Economy, Financial System, Government Documents

CFPB Report Outlines Legal Violations Uncovered by Supervision

“Today the Consumer Financial Protection Bureau (CFPB) released its latest supervision report highlighting legal violations uncovered by the Bureau’s examiners. The Bureau found deceptive student loan debt collection practices, unfair and deceptive overdraft practices, mortgage origination violations, fair lending violations, and mishandled disputes by consumer reporting agencies. The report also shows that CFPB supervisory resolutions …

Subjects: Economy, Financial System, Government Documents, Legal Research

Federal Reserve releases results of Comprehensive Capital Analysis and Review

“The Federal Reserve on Wednesday announced it has not objected to the capital plans of 28 bank holding companies participating in the Comprehensive Capital Analysis and Review (CCAR). One institution received a conditional non-objection based on qualitative grounds, and the Federal Reserve objected to two firms’ plans on qualitative grounds. In its fifth year, CCAR …

Subjects: Economy, Financial System, Government Documents

New GAO Reports – Crop Insurance, Public Safety Communications

Crop Insurance: In Areas with Higher Crop Production Risks, Costs Are Greater, and Premiums May Not Cover Expected Losses, GAO-15-215: Published: Feb 9, 2015. Publicly Released: Mar 11, 2015. Public Safety Communications: Preliminary Information on FirstNet’s Efforts to Establish a Nationwide Broadband Network, GAO-15-380T: Published: Mar 11, 2015. Publicly Released: Mar 11, 2015.  

Subjects: Economy, Government Documents, Internet